Q-2 The total cost of producing a tablet is $150. If the manufacturer wants to make a 20% profit, at what price must they sell the tablet?
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2
Answer:
the manufacturer should sell the tablet at a cost of $180
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Answered by
3
cost of tablet = $150
so, the increasing rate= 20%
so, the cost after increasing 20%
=$ 150 + 20%of $150
= $150 +( 20 /100 ×150)
=$ 150 + $30
= $ 180
so, that tablet will be sold at $180.
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